Episode 310 – How Big Oil Conquered The World : The . . . Podcast: Play in new window | Download | Embed From farm to pharmaceutical, diesel truck to dinner plate, pipeline to plastic product, it is impossible to think of an area of our modern-day lives that is not affected by the oil industry

History of Libya under Muammar Gaddafi - WikipediaThe discovery of significant oil reserves in 1959 and the subsequent income from petroleum sales enabled the Kingdom of Libya to transition from one of the world's poorest nations to a wealthy state Although oil drastically improved the Libyan government's finances, resentment began to build over the increased concentration of the nation's wealth in the hands of King Idris